KLK earnings forecast to recover in second half of year


PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) is expected to see a slow recovery in company earnings by the second half of financial year 2019 (H2FY19), said PublicInvest Research.

The plantation conglomerate was not as badly affected by the current weak crude palm oil (CPO) price performance, when compared to its industry peers, as it has its oleochemical business to hedge against the upstream price exposure.

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